Google Increases Investment In Anthropic By Another $1 Billion

George Hammond, Madhumita Murgia, and Arash Massoudi, Financial Times, Ars Technica
Wed, 01/22/2025 - 7:19am

Google is making a fresh investment of more than $1 billion into OpenAI rival Anthropic, boosting its position in the start-up as Silicon Valley titans rush to develop cutting-edge artificial intelligence systems. The Alphabet-owned search behemoth had already committed about $2 billion to Anthropic and was now increasing its stake in the group, according to four people with knowledge of the situation. Anthropic, best known for its Claude family of AI models, is one of the leading start-ups in the new wave of generative AI companies building tools to generate text, images, and code in response to user prompts.Read full article Comments

Topics: openai silicon valley the alphabet-owned claude comments ai anthropic google investment billion

Place your ad here
Loading...

BING NEWS:

Google pumps another $1 billion into Anthropic
Google is deepening its partnership with Anthropic after it invested an additional $1 billion in the AI startup, a contender of ChatGPT maker OpenAI. A fresh injection of funding for the AI start-up ...
01/22/2025 - 3:41 am | View Link
Anthropic reportedly secures an additional $1B from Google
Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year.
01/22/2025 - 2:47 am | View Link
Google is investing another billion dollars in Anthropic
Google has decided to invest another billion into Anthropic, four sources told the Financial Times, bringing its total sunk cost to more than three billion dollars. Both companies have declined to ...
01/22/2025 - 1:55 am | View Link
Google Invests Additional $1B in OpenAI Rival Anthropic; Pushing Valuation Near $60B
Google is investing more than $1 billion in Anthropic, solidifying its stance in the rapidly growing generative AI sector.
01/22/2025 - 1:16 am | View Link
Anthropic Gains Big With Google Backing, Aims for $60 Billion Valuation and Surging AI Revenue
Google earmarked $1 billion for investment in OpenAI competitor Anthropic, intensifying rivalry with Microsoft, Meta, and Amazon. Google also committed up to $2 billion in 2023 to Anthropic and is ...
01/22/2025 - 12:00 am | View Link
More

More Movie News

More Business News

Site of planned apartments in Denver’s Lincoln Park neighborhood fetches $12.5M
Denver Post, Wednesday - 01/22/2025 - 11:48 AM
A development site in Lincoln Park has traded for double what it fetched two years ago. Jeff Shanahan, a local income-restricted housing developer, sold his 1530 W. 13th Ave. property earlier this month for $12.5 million to Atel Street LLC, according to public records. He had planned to build nearly 200 apartments on the 1.4-acre site. The deal works out to $205 a square foot for the land.
More | Talk | Read It Later | Share
DOGE has officially arrived, but it looks pretty different from what was promised
Business Insider, Wednesday - 01/22/2025 - 08:55 AM
Elon Musk. Allison Robbert/Getty ImagesThis excerpt originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Trump wasted no time establishing the "Department of Government Efficiency" (DOGE). Announced after his win in November, DOGE promised to "provide advice and guidance from outside of government" to help roll back bad regulations and slash government spending.
More | Talk | Read It Later | Share
Silk Road founder Ross Ulbricht went to prison a libertarian hero. Trump just set him free.
Business Insider, Wednesday - 01/22/2025 - 08:49 AM
Ross Ulbricht, the founder of Silk Road, was unconditionally pardoned by President Donald Trump. Free Ross UlbrichtPresident Donald Trump granted Ross Ulbricht a full and unconditional pardon on Tuesday. Ulbricht founded Silk Road, an online drug marketplace. In 2015, he was sentenced to life in prison without the possibility of parole.
More | Talk | Read It Later | Share
Federal incentives or not, advocates see no turning back to get more EVs on Colorado roads
Denver Post, Wednesday - 01/22/2025 - 08:00 AM
With the strides Colorado has made in adopting electric vehicles, state officials believe it’s “full speed ahead” on realizing state goals even if federal incentives are rolled back. Colorado edged out California in the third quarter of 2024 to take the nation’s top spot for market share of new electric vehicles.
More | Talk | Read It Later | Share
Greeley Stampede announces three inductees into its Hall of Fame
Denver Post, Wednesday - 01/22/2025 - 08:00 AM
Three new inductees are heading into the Greeley Stampede Hall of Fame. Bill Hall, Jerry Pickett and the Norcross Family will be inducted into the Hall of Fame as its 2025 class, the Stampede announced in a news release. “The legacy of the Greeley Stampede is built by dedicated people that are passionate about our community,” Stampede CEO Justin Watada said in the release.
More | Talk | Read It Later | Share
California-based real estate company acquires Aurora industrial building for $15.8 million
Denver Post, Wednesday - 01/22/2025 - 08:00 AM
The RK Mission Critical building at 17450 E. 32nd Place was acquired by The Koll Company, a California-based real estate company, for $15.8 million. The over 142,000-square-foot, single-tenant industrial building in Aurora is the company’s first acquisition in Colorado since 2007 and marks the seventh state in which they own property. “We are excited about expanding our portfolio to the Denver market in Colorado,” said Scott Meserve, principal of The Koll Company, in a Tuesday news release. “This market’s fundamentals ended 2024 strong with low, decreasing vacancy rates, sustained leasing activity and strong positive absorption outpacing new supply for the first time in 18 months.
More | Talk | Read It Later | Share

Google Increases Investment In Anthropic By Another $1 Billion

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News